Peso sinks to new record low as market plunges
The PSEi on Monday closed at 5,899.18, down 1.98 percent, as the local market plunged amid escalating tensions between the United States and Iran, which…
· 2 MIN READ
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The PSEi on Monday closed at 5,899.18, down 1.98 percent, as the local market plunged amid escalating tensions between the United States and Iran, which…
· 2 MIN READ
‘We’re not afraid to go to court if they want to go to court’ — SEC chairman Francis Lim, in reaction to threats that some of those affected by the proposed…
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The record weakness of the peso and the surging global oil price has created a double whammy that will result in a doubling of the inflation rate in the coming…
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Despite the deficit, the country’s gross international reserves rose to a new record high of $113.3 billion as of end-February 2026, up from $112.7 billion in…
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CAMP OLIVAS, Pampanga — Major crimes in Central Luzon dropped 14.95 percent over the past three weeks, according to a report released Friday by the Police…
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The Financial Stability Coordination Council (FSCC) reaffirmed the resilience of the Philippine financial system, citing strong capital and liquidity in the…
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The Philippines’ balance of payments (BOP) recorded a deficit of $2.3 billion in February 2026, bringing the cumulative shortfall for the first two months of…
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The country’s major manufacturers under the Federation of Philippine Industries (FPI) say they are not surprised about the peso falling to P60 because of the…
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The Philippine peso breached the dreaded P60 level on Thursday, weakening to P60.10 as of 4 p.m., after fresh developments in the Middle East conflict sent…
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The Philippine peso breached the dreaded P60 level on Thursday, weakening to P60.10 as of 4 p.m., after fresh developments in the Middle East conflict sent…
· 2 MIN READ
The Bangko Sentral ng Pilipinas (BSP) is closely monitoring developments in the Middle East ahead of the Monetary Board’s next meeting in April, as analysts…
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The Bangko Sentral ng Pilipinas (BSP) is closely monitoring developments in the Middle East ahead of the Monetary Board’s next meeting in April, as analysts…
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The nationwide crime rate declined by 12.66 percent in the first quarter of 2026, the Philippine National Police (PNP) reported Wednesday.
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The market recovered a bit after three consecutive days of decline, supported by Wall Street’s overnight gains. The peso appreciated to P59.80 from P59.87…
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The higher your income, the more exposed you actually are. You just do not feel it the same way.
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The Philippine Stock Exchange index (PSEi) ended Monday at 6,006.55, falling 0.86 percent, marking its third straight day of decline as investors remained wary…
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Cash remittances from overseas Filipino workers (OFWs) reached $3.02 billion in January 2026, up 3.5 percent from $2.92 billion in the same month last year,…
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A banking analyst said the Marcos Jr. administration could roll out more subsidies once the peso further weakens to P60 to mitigate the impact of surging…
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